Ethiopia’s electric vehicle sector gains international attention – Minister

Bareo Hassen, Ethiopia’s State Minister of Transport and Logistics said Ethiopia is experiencing increased interest from international electric vehicle (EV) manufacturers and suppliers eager to enter the market and invest.

He made the statement during an interview with ENA, a partner of TV BRICS.

Hassan said Ethiopia is seeing a steady rise in the number of companies involved in assembling and supplying electric vehicles

He stressed that the government has introduced several supportive measures aimed at reducing dependence on fossil fuels and tapping into Ethiopia’s renewable energy potential.

According to Hassan, these efforts include the implementation of the National Electric Vehicle Strategy and the promotion of policies that encourage the transition to electric transport.

The Ethiopian authorities are also backing initiatives to convert fuel-powered vehicles to electric ones, alongside encouraging technologies that lower fuel use and emissions.

As a result of these initiatives, the number of electric vehicles in Ethiopia now exceeds 115,000, and more than 15 companies are actively engaged in local assembly.

Hassen emphasise that the favourable policy environment and national focus on clean transport have drawn the attention of global EV producers, who see Ethiopia as an emerging market with significant investment potential.